Posted by StrikeForce on July 12, 2018 at 21:18:33 from (74.67.64.189):
In Reply to: Buying a Hobby Farm posted by StrikeForce on July 12, 2018 at 20:49:25:
Yup, credit and all are good but I think I'd have to show a revenue plan to justify it. Otherwise, based on my current income it would throw off my debt to income. It's kind of chicken and egg thing. I don't have the income without the land and I'm not independently wealthy. I plan to visit the local farm credit just to see. If nothing else, this will be a good exercise for a future place.
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Today's Featured Article - Restoring a John Deere 2010 Diesel Tractor - by Jim Nielsen. Following seven years working in California's Silicon Valley, my wife, baby son and I moved back to Australia to retire. We bought a small 'farm' of about 50 acres near Bendigo, in the state of Victoria. I soon found that it would be very useful to have a tractor around the place for things such as grading our long drive and brush-hogging the fields. I was also embarking on planting 1000 eucalyptus trees, and hence I would need a ripper, small disk plow, sprayer etc. to get these things accompli
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